Delphi Energy Corp. (DEE) Receives “Outperform” Rating from Stifel Nicolaus
Delphi Energy Corp. (TSE:DEE)‘s stock had its “outperform” rating reiterated by stock analysts at Stifel Nicolaus in a research report issued on Wednesday. They currently have a C$1.75 price target on the stock. Stifel Nicolaus’ target price would suggest a potential upside of 53.51% from the stock’s current price.
Separately, Raymond James Financial, Inc. cut their target price on shares of Delphi Energy Corp. from C$2.25 to C$2.20 and set a “strong-buy” rating for the company in a research note on Thursday, August 3rd. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$1.84.
Delphi Energy Corp. (TSE DEE) traded up 0.88% on Wednesday, hitting $1.15. 102,337 shares of the stock traded hands. The stock’s market cap is $213.21 million. The firm’s 50 day moving average is $1.18 and its 200 day moving average is $1.23. Delphi Energy Corp. has a 52 week low of $0.95 and a 52 week high of $1.79.
About Delphi Energy Corp.
Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.
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